Impact of market designs on generation adequacy
Title: Impact of market designs on generation adequacy
Citation: Cigré symposium on operation and development of power systems in the new context, Guilin : CIGRE, 2009
This paper provides a comparative analysis of the impact of Market designs on generation adequacy. The paper introduces the general issues associated with generation adequacy; discusses generation adequacy in terms of electricity markets; and presents two specific market designs – France and PJM – and their respective practices and experiences with generation adequacy.
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